Project, Contract

Training Course: Good & Best Procurement Practices


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PC9434

5 - 16 May 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 8400 € Euro

Introduction 

The term “procurement” refers to the process of acquiring goods, works and services.

The process spans the whole cycle from identification of needs through to the end of a services contract or the useful life of an asset.

Course Objectives of Good & Best Procurement Practices

In this program you will learn about...
This comprehensive program empowers participants with the: Current Best Practices in Key areas of Procurement.
Last few years have seen the greatest transformation in Procurement Tendering practices than had happened in the last 100 years.  
Quality Assurance, TQM, IT and E-Procurement Business Models have evolved that have dramatically increased procurement effectiveness and reduced procurement costs to upto 10% of what they used to be!! (900% savings on 95% of procured items). Experience of the leaders tell full story:  British Telecom, BP, Oil Producers and Refiners, Utilities, Automobile Giants all have implemented Procurement Systems to dramatically make similar saving.
This program also prepares you for

  • Improving your Current Workflow to bring it in line with Industry Best Practices and
  • Preparing to Implement E-Procurement in your organization.

A Must-Attend program for Procurement and Management Staff. A great opportunity to exchange ideas with other procurement professionals from your area.

Course Outlines of Good & Best Procurement Practices
 

Week 1

  • Understanding Organization Procurement Objectives
  • Understanding Organizational Procedures
  • Legal Contractual Understanding for Procurement Professionals
  • Understanding Customer Expectations from Procurement
    • Internal Customers
      • User Departments
      • Management
    • External Customers
    • Ultimate Users
  • Step-by-Step Quality Implementation Methodology
    • Meeting the Customer's Stated Needs
    • Meeting the Customer's Real Needs
    • Meeting the Customer's Expectations
    • Exceeding the Expectations of Customers
  • Good and Best Practice Procurement Processes
    • Competitive
    • Non Competitive Procurement
  • Procurement Prequalification Process

Week 2

  • Quality Assurance & Customer Satisfaction Processes
  • 4M + C Analysis of Procurement Processes
    • Core Processes
    • Analyzing Processes & Establishing Controls
    • Workflow Improvement
  • Continuous Improvement of Procurement Processes
  • E-Tendering to Reduce Cost, Reduce Cycle Times and Improve Productivity
  • E-Procurement Strategies for Dramatically Reducing Procurement Costs and Cycle Times
  • Vendor Development Processes
  • Long-Term Procurement Relationships with Suppliers
  • Negotiated Contract Process Analysis
  • Win-Win Dispute Negotiation and Settlement in Procurement
  • Building a Procurement Section Knowledge Base

Project, Contract

Training Course: Good & Best Procurement Practices


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

PC9434

5 - 16 May 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 8400 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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